Hendricks Factual Media Llc Sells 28,006 Shares of CuriosityStream Inc. (NASDAQ:CURI) Stock

CuriosityStream Inc. (NASDAQ:CURI) major shareholder Hendricks Factual Media Llc sold 28,006 shares of the stock in a transaction on Tuesday, March 26th. The shares were sold at an average price of $1.00, for a total value of $28,006.00. Following the sale, the insider now owns 21,169,423 shares of the company’s stock, valued at approximately $21,169,423. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Major shareholders that own more than 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

Hendricks Factual Media Llc also recently made the following trade(s):

• On Thursday, March 21st, Hendricks Factual Media Llc sold 99,400 shares of CuriosityStream stock. The stock was sold at an average price of $1.01, for a total transaction of $100,394.00.

CuriosityStream Stock Performance

Shares of CuriosityStream stock traded up $0.07 during midday trading on Thursday, reaching $1.03. 777,166 shares of the company’s stock traded hands, compared to its average volume of 788,017. CuriosityStream Inc. has a 52 week low of $0.45 and a 52 week high of $1.64. The company’s 50 day simple moving average is $0.56 and its 200 day simple moving average is $0.59. The company has a market cap of $54.67 million, a price-to-earnings ratio of -1.11 and a beta of 1.02.

CuriosityStream Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 30th. Stockholders of record on Friday, April 12th will be given a $0.025 dividend. This represents a $0.10 dividend on an annualized basis and a dividend yield of 9.71%. The ex-dividend date is Thursday, April 11th. CuriosityStream’s dividend payout ratio is -10.75%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Renaissance Technologies LLC increased its stake in CuriosityStream by 11.3% during the second quarter. Renaissance Technologies LLC now owns 260,800 shares of the company’s stock valued at $243,000 after acquiring an additional 26,500 shares during the period. Geode Capital Management LLC raised its stake in CuriosityStream by 43.1% during the second quarter. Geode Capital Management LLC now owns 314,853 shares of the company’s stock worth $294,000 after acquiring an additional 94,854 shares in the last quarter. Squarepoint Ops LLC acquired a new stake in shares of CuriosityStream during the 1st quarter worth about $30,000. UBS Group AG increased its holdings in shares of CuriosityStream by 70.2% during the first quarter. UBS Group AG now owns 34,412 shares of the company’s stock worth $46,000 after buying an additional 14,189 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. acquired a new stake in CuriosityStream during the 1st quarter valued at $31,000. Institutional investors and hedge funds own 6.79% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Needham & Company LLC lowered their price target on CuriosityStream from $1.50 to $1.25 and set a “buy” rating on the stock in a report on Thursday, March 21st.

CuriosityStream Company Profile

CuriosityStream Inc operates as a factual content streaming service and media company. The company provides premium video programming services in various categories of factual entertainment, including science, history, society, nature, lifestyle, and technology through direct subscription video on-demand (SVoD) platforms accessible by internet connected devices, or indirectly via distribution partners who deliver CuriosityStream content via distributor's platform or system, as well as through bundled content licenses for SVoD and linear offerings, content licensing, brand sponsorship and advertising, talks and courses, and partner bulk sales.